Expected trading for today is between 8000.00 support
and 9400.00 resistance
The negative sentiment over the last week has translated to real weakness in price. The low of Jan 2018 at 9222.00 was broken. Right now, bitcoin is trading more than 50% down on its highs (19700.00 early January).
Bitcoin price now is around 8500.00 / the crash zone/ the trend for today is bearish, supported by the negative pressure formed by the EMA50.
Technical indicators are giving mixed signals, but the price around 8000.00 - 8500.00 range, might attract the big buyers, so a bonus is expected.
RSI ready to pull up and stochastic reach to the oversold areas to suggest a bounce.
Breaching 9400.00 level and hold above it, will push the price towards 10700.00 level.
Breaking 8000.00 level and hold below it, will push the price deeply in the crash zone towards 6800.00 level.
Expected trading for today:
is between 8000.00 support and 9400.00 resistance.
Expected trend for today :
Bearish.
We just saw the bottom in the zone 7500 - 8000 .
I'm very confident now.
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I Wrote few hours ago "the price around 8000.00 - 8500.00 range, might attract the big buyers, so a bonus is expected."
You are right mate..
Let us hope to breach 9400.00 level
Thanks for support..
Have a great weekend..
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Do you think Steem will finally find its own footing and not be as tied to Bitcoins price?
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Steem Market is very young and I can not come up with any prediction..
Thanks for support..
Have a great weekend Mate..
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I m losing 200usd every hours
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That sucks man
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I've been following your posts for a while now. I don't know of you wouldn't mind me translating some of them to French.
It will really be of much benefit to the new small upcoming French community.
I would of course give you credit as the original author and put your link in the post.
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It is ok
You can translate it
Thanks for support
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Thanks😊
On it
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amazing post I like this one too much
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If expected for today is still bearish, I guess I'll have to wait some more days before seeing Bitcoin to go up. I am looking forward to next week's bounce back.
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Thank for information. However, When I saw the BTC in this morning
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The decrease is due to the investor that monitors a number of warnings from regulators and a growing crackdown on virtual currency market in China.
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Thanks for the analysis. BE continue.
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Thank you for information.
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Thanks for this post bitcoin sharing.... i appreciate this blog......
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This very good news update about cryptocurrency.It is very informative and educative valuable.You have included more detail about all currency update.
This is very helpful for us.Thank you very much
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Thanks a lot for sharing and discuss
About Bitcoin.
I think this time bitcoin some things demotion .
But some time after increase bitcoin .
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I think we will experience the 6000$ zone in February!!
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boss i'm new here. i wanna follow you. keep your eyes to me :)
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thank you guys, this is very useful for us all. really like you say, this january bitcoin prices there is no stable even a very sharp decline of friends. hopefully the future bitcoin prices will be riding up until we really become a millionaire friend. thank you for updating his friend today, happy to be friends with you.
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it is matter of great concern....but have we anything to do!!!!!!!!!!!!!!God knows what is happening
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I have lost tens of thousands of dollars but to be honest I really am not that worried. I know that crypto is here to stay.
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Grrat information, amazing post, thanks for sharing
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Where are the people saying BTC to Moon a month ago. :/
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great news sir really amazing thanks for sharing @lordoftruth
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Hold me guys I’m scared..
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Thank you lordoftruth for making a transfer to me for an upvote of 8.05% on this post!
Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem!
The other half helps holders of Steem power earn about 60% APR on a delegation to me!
For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily?
To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?
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This post has received a 3.78 % upvote from @booster thanks to: @lordoftruth.
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You are really great, I am always amazed at you because what you do can always be an inspiration for us all ..
Thank you for your kindness..@lordoftruth
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Absolutely, big investors are trying to take its price to lower so that they could make huge investments and it will bounce back suddenly to its peak hopefully. Those who have already invested should better wait and watch. Best of Luck guys.
Thanks for sharing speculations.
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great post but When breaking B because it is strong support and if the model fails the price rebounds from them.
Bottom line:
Price control on the 4-hour friday ..
Simply (the highest price support buy buy-down download down the support selling the decoction)
and do all this on the friday only 4 hours
Top support = buy
bottom support = sell
If price break The last support will be downloaded to the 6000
7000
areas in case the price will go back to 13000
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Thanks for the update! What do you think will happen until Chinese New Year? What's your prediction for Bitcoin for 2018 @lordoftruth? Cheers
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trading is not a good thing i consider in this time
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@lordoftruth great article
##Upvote/Resteem###
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whole scenario changed insane things happening
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looks like it will come back stronger
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Bitcoin is best today the market price is low now but in next it will grow up i wish....thanks for the educative post
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oh damm this is getting worse and worse hahah but i will HODL :D
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